Kokoma, IN

Population: 56,895
Average annual home appreciation rate: 6.45%
Total of homes for sale in this market: 39
Median home price: $85,211
Median Rent: $671 per room
Home price range: 46.54% of homes are between $51,001 – $101,000
Median sales price: Still gathering data
Number of homes: 317
Median foreclosure sales price: Still gathering data
Foreclosure discount: Still gathering data
Most common home type: 70.09% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 12.00%
Number of renters: 38.05%
Number of owner occupied: 61.95%
Number people living below poverty level: 20.61%
Unemployment rate: 4.80%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Kokoma area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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